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bshimmin
4387 days ago
Apparently the Chinese are also now consuming more French wine than the French are.
2 comments
patrickk
4387 days ago
Another market that's exploded in the Far East is scotch whisky. Scottish producers are struggling to keep up with demand in markets like China, Japan and Taiwan.
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nbouscal
4387 days ago
That is expected, as explained by the Alchian-Allen effect:
http://en.wikipedia.org/wiki/Alchian%E2%80%93Allen_effect
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